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  • Why is Cargill Building a new palm oil refinery in Indonesia?
  • Cargill is building a new US$200 million (€170 million) palm oil refinery in Indonesia. The new plant in Lampung will accelerate Cargill’s efforts to develop a sustainable palm supply chain and provide verified deforestation free products to customers.
  • Why did POSCO INTERNATIONAL enter the palm oil refining business in Indonesia?
  • POSCO International has decided to enter the palm oil refining business in Indonesia as part of their bold investments in core businesses such as energy, food and eco-friendly parts, the company said, Tuesday. The company announced that it recently decided to invest $200 million in the palm oil refining business in Indonesia.
  • How much money is being invested in palm oil refining in Indonesia?
  • The company announced that it recently decided to invest $200 million in the palm oil refining business in Indonesia. The investment will be made through AGPA, which was established in Singapore so as to expand its palm oil business.
  • Where is Cargill Building a new palm oil refinery?
  • SINGAPORE—June 3, 2021— Cargill is building a new US$200 million palm oil refinery in Lampung, Indonesia, which will accelerate Cargill’s efforts to develop a sustainable palm supply chain and provide verified deforestation free products to customers.
  • What will Indonesia's new refinery do?
  • The new refinery will play a key role in connecting sustainable crude palm oil production in Indonesia to demands in North America and Europe through a fully integrated supply chain from plantation to customer.
  • What is palm oil refining?
  • Indonesia is the world's largest palm oil producer, and Kalimantan Island has geographically favorable conditions for procuring palm raw materials and exporting products. The palm crude oil refining business refers to the further processing of palm crude oil produced in palm farms through a refinery.